Drata

Drata, which uses automation to help companies adhere to compliance frameworks, agrees to buy SafeBase, which automates security reviews, sources say for $250M

Eduard Kovacs / SecurityWeek :

Drata, which uses automation to help companies adhere to compliance frameworks, raised a $200M Series C led by Iconiq Growth and GGV Capital at a $2B valuation

Paul Sawers / TechCrunch :

Drata, which uses automation to help companies obtain SOC compliance, raises a $100M Series B led by Iconiq Growth at a $1B valuation

Security and compliance automation platform Drata has raised $100 million in a series B round of funding, valuing the one-year-old company at a cool $1 billion.

Boston-based Drata, which uses automation to help companies obtain SOC 2 compliance for secure cloud data storage, raises $25M Series A led by GGV Capital

Boston-based Drata, which uses automation to help companies obtain SOC 2 compliance for secure cloud data storage, raises $25M Series A led by GGV Capital

Security compliance is precisely three things: incredibly boring, time consuming, and entirely necessary to run a business in the modern age.